Reading time is <1 mins
.
.
PANDEMIC HITS TOURISM, DAMAGES GLOBAL ECONOMY BY $ 4 TRILLION
The recession in the tourism sector due to the pandemic is estimated to cost the global economy more than $ 4 trillion.
The decline in World tourism sector due to the corona virus pandemic was estimated to cost the global economy a total of more than $ 4 trillion for 2020 and 2021.
United Nations conference on trade and Development (UNCTAD) in a report prepared by the UK, USA, France, such as in countries with high vaccination rates, a recovery in tourism, even just to 2.4 1.7 trillion this year’s losses were predicting that could be worth between trillion dollars. The two-year loss would total more than $ 4 trillion.
.
DEVELOPING COUNTRIES MOST AFFECTED
Developing countries can account for 60% of the estimated losses in global gross domestic product, according to UNCTAD. Developing countries are also the countries most affected by the tourism downturn in the epidemic, as they are heavily dependent on tourists. According to UNCTAD’s study, the biggest reason for this is the unequal supply of vaccines.
The report also said travel restrictions and bans are still in force in many regions where vaccination rates remain low, and the tourism crisis is far from over.
.
RETURN TO OLD IN 2023
According to research conducted in collaboration with the UN World Tourism Organization, the world may not see international tourist movements return to the pre-pandemic era until 2023.
.
TOURISM HITS TURKEY
The report listed Turkey as one of the countries most affected by the decline in tourism. Tourism revenues accounted for 5 percent of Turkey’s total gross domestic product, while the number of foreign tourists coming to the country in 2020 decreased by 69 percent.
According to the report, Antalya and Istanbul in Turkey is one of the countries most affected by the pandemic due to reduced tourism revenues.
The decline in tourism has also hurt closely linked sectors such as food, beverage, retail trade, communications and transportation. In addition, unemployment in unskilled labor increased due to the recession in tourism. Accordingly, unemployment in the unskilled labor force increased by 5.5 percent due to developments in the tourism sector.
Secretary General of the UN World Tourism Organization, said that vaccination needs to be improved, especially in developing countries, in order for the revival in tourism to begin again and unemployment to decrease.
.
REVIVAL IN DEVELOPED COUNTRIES
Despite the problems in developing countries, the chances of world holiday in developed countries are increasing. According to research, there is an increase in the number of Americans planning to travel this summer.
.
.
.
.